Sony said to be in talks to buy Toshiba's image sensor business

Tokyo

SONY Corp is looking to expand on its dominant position in making the chips used to capture smartphone pictures, as president Kazuo Hirai makes progress in his turnaround effort at the Japanese consumer electronics maker.

The company is in talks with Toshiba Corp to acquire its image sensor business for 20 billion yen (S$230.4 million), said people familiar with the negotiations. The Tokyo-based manufacturers are close to a dea…